Prism Medical Announces Appointment of New Chief Financial Officer

TORONTO, ONTARIO–(Marketwired – June 10, 2016) – Prism Medical Ltd. (“Prism Medical” or the “Company“) (TSX VENTURE:PM) is pleased to announce that Bill Edwards has been appointed as the Company’s new Chief Financial Officer effective immediately, following the previously announced departure of Rose Papastamos.

Mr. Edwards, CPA, CA has worked for Prism since May of 2009 and held a variety of senior positions in both finance and operations. Mr. Edwards has over 30 years of financial management experience and previously held senior financial positions with private and public companies involved in construction material manufacturing, distribution and mechanical contracting.

“We are very pleased to have Bill Edwards join us. Bill brings valuable experience in operations as well as finance, which will be essential as we develop our service operations,” said Ross Scavuzzo, President and Chief Executive Officer of the Company.

About Prism Medical Ltd.

Prism Medical is a vertically integrated manufacturer and leading provider of equipment and services used to move and handle mobility challenged individuals in a safe and dignified manner. Prism Medical’s products are marketed under the brand names of Prism Medical, ErgoSafe, Waverly Glen and Nightingale in the homecare, acute care and long-term care markets throughout North America. The Company offers solutions that encourage improved care, quality of life and mobility, while seeking to lower the overall cost of the caregiving function in a number of ways, including reducing the incidence of handling-related injuries among caregivers. In addition, the Company through its network of Nightingale dealers provides an integrated suite of products and services that make home care a viable option for many people. For further information visit Prism Medical’s website at www.prismmedicalltd.com or www.sedar.com.

Ross Scavuzzo
Chief Executive Officer
[email protected]
416-260-2145